Netflix INC (NFLX) Shareholder Weatherly Asset Management Decreased Position as Stock Price Rose

July 12, 2018 - By Robert Crowder

Netflix, Inc. (NASDAQ:NFLX) LogoInvestors sentiment decreased to 1.23 in 2018 Q1. Its down 0.08, from 1.31 in 2017Q4. It dived, as 47 investors sold NFLX shares while 310 reduced holdings. 156 funds opened positions while 283 raised stakes. 329.43 million shares or 4.36% less from 344.43 million shares in 2017Q4 were reported. Omega Advsr invested in 0.72% or 65,000 shares. Ohio-based Cleararc Capital Incorporated has invested 0.49% in Netflix, Inc. (NASDAQ:NFLX). Ballentine Ptnrs Ltd Llc stated it has 0.02% in Netflix, Inc. (NASDAQ:NFLX). Cornerstone Advsrs reported 0.88% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Hillman reported 130,130 shares stake. The Texas-based Moody Bank Trust Division has invested 0.04% in Netflix, Inc. (NASDAQ:NFLX). Oregon Employees Retirement Fund holds 0.21% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 46,072 shares. Minnesota-based Us Financial Bank De has invested 0.04% in Netflix, Inc. (NASDAQ:NFLX). Sg Americas Limited Company accumulated 129,689 shares. Moreover, Asset Advsr has 0.01% invested in Netflix, Inc. (NASDAQ:NFLX) for 120 shares. Ctc Ltd Liability Corporation holds 55,109 shares or 0.02% of its portfolio. Aimz Investment Limited Liability Company invested in 1,800 shares or 0.39% of the stock. Moreover, Stevens Cap Lp has 0.27% invested in Netflix, Inc. (NASDAQ:NFLX). Virginia Retirement Et Al stated it has 0.37% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Lmr Ptnrs Ltd Liability Partnership stated it has 7,639 shares or 0.15% of all its holdings.

Since January 16, 2018, it had 0 insider buys, and 52 sales for $232.19 million activity. 1,000 Netflix, Inc. (NASDAQ:NFLX) shares with value of $351,610 were sold by WELLS DAVID B. 700 shares were sold by BARTON RICHARD N, worth $294,396. 972 shares were sold by FRIEDLAND JONATHAN, worth $218,817. $421,892 worth of stock was sold by KILGORE LESLIE J on Friday, June 15. Peters Gregory K also sold $2.50 million worth of Netflix, Inc. (NASDAQ:NFLX) on Thursday, May 24. HALEY TIMOTHY M had sold 11,984 shares worth $3.97M on Thursday, May 10.

Weatherly Asset Management decreased its stake in Netflix Inc (NFLX) by 10.35% based on its latest 2018Q1 regulatory filing with the SEC. Weatherly Asset Management sold 11,620 shares as the company’s stock rose 19.42% while stock markets declined. The institutional investor held 100,663 shares of the consumer services company at the end of 2018Q1, valued at $29.73M, down from 112,283 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $179.48B market cap company. The stock decreased 1.38% or $5.7588 during the last trading session, reaching $412.8912. About 3.40 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 115.45% since July 12, 2017 and is uptrending. It has outperformed by 102.88% the S&P500.

Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on July, 16 after the close. They expect $0.80 EPS, up 433.33 % or $0.65 from last year’s $0.15 per share. NFLX’s profit will be $347.75 million for 129.03 P/E if the $0.80 EPS becomes a reality. After $0.64 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 25.00 % EPS growth.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: which released: “iQiyi Stock Is Priced Right Amid a Ton of Continued IPO Turbulence” on July 11, 2018, also with their article: “Earnings: 2 Hot Growth Stocks to Watch Next Week” published on July 11, 2018, published: “Stifel Raises Netflix Price Target Ahead Of Q2 Print” on July 11, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: and their article: “Curing Your Home Country Bias” published on July 12, 2018 as well as‘s news article titled: “Netflix’s Perceived Pricing Power May Soon Hit Reality” with publication date: July 11, 2018.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Among 35 analysts covering Netflix (NASDAQ:NFLX), 24 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. Netflix has $503 highest and $93.0 lowest target. $352.68’s average target is -14.58% below currents $412.8912 stock price. Netflix had 66 analyst reports since January 15, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Wednesday, January 24. Pivotal Research maintained Netflix, Inc. (NASDAQ:NFLX) on Thursday, June 21 with “Buy” rating. The rating was maintained by Buckingham Research with “Neutral” on Friday, April 13. As per Monday, July 9, the company rating was maintained by Barclays Capital. The firm earned “Buy” rating on Tuesday, January 16 by Raymond James. Citigroup maintained Netflix, Inc. (NASDAQ:NFLX) on Wednesday, March 28 with “Neutral” rating. The firm has “Buy” rating given on Monday, January 22 by Stifel Nicolaus. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Overweight” rating by JP Morgan on Wednesday, April 11. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 16. Robert W. Baird maintained Netflix, Inc. (NASDAQ:NFLX) rating on Monday, April 2. Robert W. Baird has “Hold” rating and $28000 target.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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